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System that tracks federal debt needs security fixes, GAO says
FedScoop: The information systems that keep tabs on the federal debt continue to show some weaknesses in their security, according to two new Government Accountability reports.
As part of its annual audit of the Schedules of Federal Debt — essentially the Treasury’s register of what the government owes to its creditors — the GAO also looks at the associated IT, which includes technology at the Treasury’s Bureau of the Fiscal Service (BFS) and also the Federal Reserve Banks. The GAO found new weaknesses in both.
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